Archive for the ‘Latest developments’ Category

Today, the Department of the Treasury issued a technical correction to the Opportunity Zone data from the February 8, 2018 release. This update reflects a more inclusive census tract contiguity analysis and corrects some data errors in the original file. It now includes qualified high migration tracts, low-population tracts within Empowerment Zones, and territorial data that meet the definition…

Today, the U.S. Senate approved the Tax Cuts and Jobs Act. The bipartisan Economic Innovation Group (EIG) released the following statement: “EIG applauds the United States Senate for including the bipartisan Investing in Opportunity Act in its comprehensive tax reform package. In spite of years of national growth, tens of millions of Americans live in…